Spic Yuanda Environmental-Protection Co.,Ltd.’s Net Profit Dropped 14.6% in First Half of 2022

Spic Yuanda Environmental-Protection Co.,Ltd. (国家电投集团远达环保股份有限公司) (600292.SH) reported a net profit of 43.6 million yuan in the first half of 2022, down 14.6% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 7.8% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 46.9%.